MIDAS SHOP
Midas Shops are automotive maintenance and service centers that sell and install parts including exhaust systems, brake components, suspension parts, tires, batteries, heating/cooling parts, and other vehicle components, while performing related services such as brake repairs, tire services, alignments, exhaust work, battery installation, and general/scheduled maintenance. The franchisor operates a business model of franchising these retail service centers primarily in the United States to independent operators, with limited co-branding options via SpeeDee for existing franchisees. The target market is vehicle owners seeking reliable, professional automotive repair and maintenance services.
Franchise Costs
10% royalty + $5,000-$25,000/mo rent/taxes/insurance (if leased from Midas Realty or affiliates)
Financial Performance
Item 19 Financial Performance
Data Based On: Part A data on Gross Revenues is based on 941 franchised outlets operating from January 1, 2023, through December 31, 2024. Part B data on Income Statement Performance is based on 438 franchised outlets operating for the year 2024.
* average_gross_revenue is taken directly from the text on page 2 (overall average for Part A reporting shops). median_gross_revenue is derived from the median of the 3rd quartile's median gross revenues from the table on page 2, as it represents the central value for the 941 shops. revenue_top_quartile and revenue_bottom_quartile are the average gross revenues for the Top Quartile and 4th Quartile, respectively, from the table on page 2 (Part A). average_gross_profit and average_net_income are calculated as a percentage of the overall average Total Income for Part B reporting shops, as stated in the text on page 3. average_net_profit is set to the same value as average_net_income, as 'Net Income From Operations' is interpreted as net profit before taxes/interest based on footnote 1. best_guess_profit_low is the average Net Income From Operations for the 4th Quartile from the table on page 3 (Part B). best_guess_profit_high is the average Net Income From Operations for the Top Quartile from the table on page 3 (Part B).
Extracted Item 19 Section
How MIDAS SHOP Compares
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
MIDAS SHOP Current | N/A | $35K | 10.0% | 941 |
| Bimbo Foods Bakeries Distribution, LLC | $14K – $607K | N/A | N/A | 6,454 |
| THE UPS STORE (TRADITIONAL) | $216K – $609K | $30K | 5.0% | 4,500 |
| JACKSON HEWITT TAX SERVICE | $71K – $105K | $25K | 15.0% | 2,744 |
| CRUISE PLANNERS | $2K – $21K | $11K | 3.0% | 2,655 |
| SERVPRO (UNIT) | $259K – $380K | $100K | 10.0% | 2,286 |
Business Services Average 188 franchises | $118K – $284K | $46K | 10.4% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 188 Business Services franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
+34 more states
SBA Loan History
Historical SBA 7(a) loan data for MIDAS SHOP franchisees (2010 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
1,915 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
1,915 Contacts Available
Unlock all MIDAS SHOP franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Primarily termination disputes and royalty non-payment with a former franchisee.
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
According to the 2025 FDD, the average gross revenue for a MIDAS SHOP franchise is $1,234,101.77. The median revenue is $993,414.
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